Logistics disruptions caused by the Covid-19 situation in China led to tight domestic supply of steel scrap in the country, raising buyers’ expectations for import prices, market sources told …
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China scrap prices pick up as Covid-19 slows logistics
Xinhua Commentary: Stay vigilant to Western slander against China’s anti-COVID-19 policy
As China’s anti-pandemic fight has entered a critical phase, some Western politicians and media once again cranked their smearing machine to hurl mud at China’s dynamic zero-COVID policy. Some …
China’s factories were hit harder this quarter than last year as Covid drags on, survey says
Manufacturing growth in China is slowing, while retail businesses are struggling as Covid-related restrictions take their toll, according to China Beige Book.
India and China may increase crude oil imports from Russia, says report
If China expands crude purchases from Russia, any increase is likely to come via shorthaul routes in Asia, which alone could potentially account for 300,000 to 400,000 barrels per day …
This Crypto Has Turned $1,000 Into Almost $95,000 in 5 Years
Stellar Lumens grew by 100% in 2021, which is not as impressive as other cryptos. However, it’s grown over 9,000% since 2017.
Newly Uncovered Crypto Malware Can Steal Seed Phrases
Security research firm ESET Research has uncovered crypto malware disguised within fake cryptocurrency apps, affecting Android and iOS users. This comes …
Bank of China Sees Fastest Profit Growth in 2013 on Recovery
Bank of China Ltd. reported its biggest profit increase in almost a decade last year as lending momentum recovered in the second year of the pandemic and a build up in bad loans eased.
Kuaishou Sales Top Estimates in Defiance of China Slowdown
Kuaishou Technology’s revenue beat estimates, defying China’s economic slowdown despite intensifying competition with TikTok-owner ByteDance Ltd.Most Read from BloombergLow-Priced Omega Speedmaster …
WEEKLY: China’s steel exports stay strong
China’s exports of both semi-finished and finished steel remained high last week, though trading had already cooled from the first week of this month. Chinese steel prices are still among the lowest …
China’s sportswear industry booms with local brands on trend
Hoodies with eye-catching Chinese characters Coats covered in tiger stripes Shoes featuring traditional floral patterns China ho …
Shanghai locks down as covid-19 flares up
China began its most extensive coronavirus lockdown in two years Monday to conduct mass testing and control a growing outbreak in Shanghai as questions are raised about the economic toll of the nation …
Firms in Shenzhen nurse wounds after COVID ‘war’ – Chinese survey
BEIJING (Reuters) – China’s manufacturing hub of Shenzhen is starting to get back on its feet after being hit by shutdowns in a recent COVID-19 outbreak, but many smaller firms worry about their …
Covid-19: court for Chinese man who smuggled 4 people from Hong Kong to Shenzhen at height of outbreak
A 36-year-old man is facing prosecution in Shenzhen for smuggling four people from Hong Kong into the mainland at the height of the Covid-19 outbreak, according to the Shenzhen Municipal Health …
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